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Published on 12/20/2019 in the Prospect News Structured Products Daily.

Credit Suisse to price trigger gears linked to MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Dec. 20 – Credit Suisse AG, London Branch plans to price 0% trigger gears due Dec. 31, 2024 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.3 to 1.3515 times the index return. The exact upside gearing will be set at pricing. Investors will receive par if the index declines by 25% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. is the distributor.

The notes are expected to price Dec. 27.

The Cusip number is 22550K731.


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